Senate Bill S2581

Signed By Governor
2011-2012 Legislative Session

Authorizes the Long Island power authority to propose certain rate changes to the public service commission

download bill text pdf

Sponsored By

Archive: Last Bill Status - Signed by Governor


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2011-S2581 (ACTIVE) - Details

See Assembly Version of this Bill:
A3614
Law Section:
Public Service Law
Laws Affected:
Amd §5, add §24-c, Pub Serv L
Versions Introduced in 2009-2010 Legislative Session:
S2727, A8441

2011-S2581 (ACTIVE) - Summary

Authorizes the Long Island power authority to propose certain rate changes to the public service commission in the amount of two and one-half percent.

2011-S2581 (ACTIVE) - Sponsor Memo

2011-S2581 (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

    S. 2581                                                  A. 3614

                       2011-2012 Regular Sessions

                      S E N A T E - A S S E M B L Y

                            January 26, 2011
                               ___________

IN  SENATE  --  Introduced  by Sens. LAVALLE, FUSCHILLO, MARTINS -- read
  twice and ordered printed, and when printed to  be  committed  to  the
  Committee on Energy and Telecommunications

IN  ASSEMBLY  --  Introduced  by  M.  of A. SWEENEY, HOOPER, WEISENBERG,
  LAVINE, SCHIMEL, RAMOS, ENGLEBRIGHT -- read once and referred  to  the
  Committee on Corporations, Authorities and Commissions

AN  ACT  to amend the public service law, in relation to the Long Island
  power authority

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Subdivision  1  of section 5 of the public service law is
amended by adding a new paragraph i to read as follows:
  I. TO THE LONG ISLAND POWER AUTHORITY  AND/OR  ITS  SUBSIDIARIES  WHEN
SUCH  AUTHORITY  SHALL  PROPOSE IMPLEMENTATION OF AN INCREASE IN AVERAGE
CUSTOMER RATES EXCEEDING TWO AND ONE-HALF PERCENT OVER  A  TWELVE  MONTH
PERIOD,  OR  TO  EXTEND  OR  REESTABLISH ANY PORTION OF A TEMPORARY RATE
INCREASE OVER TWO AND ONE-HALF PERCENT; SUCH PROPOSED  INCREASE,  EXTEN-
SION OR REESTABLISHMENT SHALL NOT BE IMPLEMENTED WITHOUT APPROVAL OF THE
COMMISSION FOLLOWING A FULL EVIDENTIARY HEARING PURSUANT TO REGULATIONS.
  S 2. The public service law is amended by adding a new section 24-c to
read as follows:
  S  24-C.  NOTICE  BY LONG ISLAND POWER AUTHORITY PRIOR TO CERTAIN RATE
CHANGES. PURSUANT TO THE REQUIREMENTS OF PARAGRAPH I OF SUBDIVISION  ONE
OF  SECTION FIVE OF THIS ARTICLE, THE LONG ISLAND POWER AUTHORITY AND/OR
ANY OF ITS SUBSIDIARIES SHALL NOTIFY THE COMMISSION OF ANY PROPOSED RATE
INCREASE EXCEEDING TWO AND ONE-HALF PERCENT OVER A TWELVE  MONTH  PERIOD
OR  THE  EXTENSION OR REESTABLISHMENT OF ANY PORTION OF A TEMPORARY RATE
INCREASE OVER TWO AND ONE-HALF PERCENT, AND SHALL COMPLY WITH APPLICABLE
REGULATIONS OF THE COMMISSION FOR  EVIDENTIARY  HEARINGS  PRIOR  TO  THE
IMPLEMENTATION OF ANY SUCH RATE CHANGE.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD02907-01-1
              

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